Susan Hawkins to lead Payments Canada as president and CEO
Hawkins previously supported the launch of a real-time payments solution at TD Bank.
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Fed invests $2.4 million into two Ontario accelerators
New investments into Spark Centre, Georgian Bay Business Accelerator expected to support over 600 entrepreneurs.
INOVAIT and federal government invest $10.7 million across seven image-guided therapy tech projects
Private contributions bring the collective project values up to $32 million.
Ottawa companies receive FedDev funding for AI, semiconductor, biotech work
FedDev invested nearly $20 million across nine Ottawa-based companies.
CRA issues guidance on new cleantech investment tax credits
Tax credits expected to drive new demand for Canadian cleantech solutions.
Binance is appealing $6-million CAD fine from FINTRAC, report says
Canada’s anti-money laundering agency fined the crypto exchange in May for registration and reporting failures.
BDC earmarks $250 million CAD to support underserved entrepreneurs
Commitment includes two $100-million CAD platforms to support Indigenous, Black-led businesses.
Jérôme Nycz out as BDC Capital head
In stunning turn, executive vice president announces retirement after 22 years at BDC.
Northleaf and Kensington both close their VCCI-backed funds
VCCI-backed funds-of-funds feature respective $370 million and $290 million war chests.
Paula Cruickshank to lead BDC Capital’s fund investments as senior VP
Cruickshank fills role previously held by Alison Nankivell, now MaRS’ CEO.
Parliament sets the stage to enact capital gains tax changes
Nearly all Conservative MPs, including leader Pierre Poilievre, voted against the motion.
Dapper Labs reaches tentative settlement in NBA Top Shot class-action suit
The settlement, if approved, would require Dapper Labs to make a $4-million payment.
Federal, BC privacy watchdogs investigating Certn over its use of personal data
Investigation will examine Certn’s tenant-screening services and its compliance with privacy laws.
Canada’s AI Global Innovation Cluster invests $31.3 million across 22 projects
Alongside partner participation, Scale AI says the projects represent a $96-million investment.
Feds resume SDTC funding under NRC following damning AG report
Auditor General found “significant lapses” in STDC’s governance and management of public money.